Employer Services Assurance Corporation
- Assets
- $1.7m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 08/1996
- Data as of
- 12/2021
- EIN
- 52-1935343
Organization Overview
Employer Services Assurance Corporation is located in Little Rock, AR. The organization was established in 1996. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Employer Services Assurance Corporation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Employer Services Assurance Corporation generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 7.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
VOLUNTARY ACCREDITATION OF PROFESSIONAL EMPLOYER ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EMPLOYER SERVICES ASSURANCE CORPORATION ACTED AS THE STANDARD-SETTING AND ENFORCEMENT BODY FOR THE VOLUNTARY ACCREDITATION OF 43 FIRMS ENGAGED IN THE PROFESSIONAL EMPLOYER ORGANIZATION INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Brooks President And CEO | Officer | 40 | $341,866 |
Todd Bailey Director Of Web Develop. | 40 | $149,633 | |
Ashley Martinez VP Of Operations | 40 | $122,385 | |
Jane Mccoggins VP Of Communications | 36 | $115,688 | |
Lloyd E Pete Fleming Director | Trustee | 0.3 | $10,000 |
Wayne Quigg Director | Trustee | 0.3 | $10,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Landrum Human Resource Companies Personnel Costs | 12/30/21 | $1,555,059 |
Alpha Suretyinsr Brkrge Llc Surety Bonds | 12/30/21 | $488,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,543,550 |
| Investment income | $463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,709,348 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $424,998 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,176 |
| Fees for services: Accounting | $26,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $733 |
| Office expenses | $13,051 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $62,782 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,734 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,562 |
| Insurance | $16,370 |
| All other expenses | $83,655 |
| Total functional expenses | $2,473,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $619,233 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $199,019 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,882 |
| Net Land, buildings, and equipment | $2,002 |
| Investments—publicly traded securities | $31,524 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $857,573 |
| Total assets | $1,737,233 |
| Accounts payable and accrued expenses | $387,966 |
| Grants payable | $0 |
| Deferred revenue | $458,035 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $270,937 |
| Total liabilities | $1,116,938 |
| Net assets without donor restrictions | $620,295 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,737,233 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Employer Services Assurance Corporation has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Llewelyn Foundation Springfield, OH PURPOSE: PROGRAM SERVICES | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Parking Facilities Corporation New Orleans, LA | $111,215,099 | $14,747,604 |
Kingdom Builders Center Of Houston Texas Inc Houston, TX | $28,395,057 | $4,665,269 |
Dkg Supporting Corporation Austin, TX | $0 | $167,191 |
Tulsas Future Inc Tulsa, OK | $2,018,642 | $4,150,136 |
Ladies Union Benevolent Association St Joseph, MO | $16,215,368 | $4,268,127 |
Employer Services Assurance Corporation Little Rock, AR | $1,737,233 | $2,709,348 |
Oklahoma City Economic Development Foundation Inc Oklahoma City, OK | $2,119,683 | $2,021,989 |
National Association Of Electrical Distributors Education Foundation St Louis, MO | $19,969,630 | $3,274,087 |
Decoursey Properties Amarillo, TX | $7,188,504 | $6,250,317 |
Delta Council Stoneville, MS | $3,990,808 | $1,720,219 |
Community Foundation Of Cleveland & Bradley County Inc Cleveland, TN | $9,651,879 | $2,298,313 |
South Houston Economic Development Corp South Houston, TX | $1,182,737 | $1,189,998 |